The Morning Macro Call

Morning Macro Call - 04.09.2020 | VP FX & Macro Strategy


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First Friday of the month – which means one thing: US nonfarm payrolls day. 'Consensus' is looking for +1350k jobs added (though the range of expectations is -100k to +2400k). It's anyone's guess. What's surprising is no POTUS jobs tweet ahead of this report (is this telling of what to expect today...). US Labor Day holiday on Mon may see some position squaring ahead.
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The Morning Macro CallBy VP FX & Macro Strategy